• GM to Buy Back Stake From US; Government to Exit Wednesday, 19 Dec 2012 | 9:23 AM ET

    General Motors will spend $5.5 billion to buy back 200 million shares from the federal government.

  • Housing Starts Fall as Sandy Slows Northeast Wednesday, 19 Dec 2012 | 8:30 AM ET

    U.S. builders broke ground on fewer houses in November as super storm Sandy slowed building in the Northeast.

  • Global Miners Face Rising Risks in South Africa Wednesday, 19 Dec 2012 | 5:59 AM ET

    South African President Jacob Zuma has kicked off five days of discussions over the country's economy, including the possible introduction of a mining tax and greater state intervention in the sector.

  • Fitch Warns US Could Lose AAA If 'Fiscal Cliff' Hits Wednesday, 19 Dec 2012 | 5:55 AM ET

    Ratings firm Fitch warned on Wednesday there was an increased likelihood it would strip the U.S. of its triple-A status if Washington does not prevent $600 billion of spending cuts and tax hikes from kicking in early next year.

  • Berlusconi: Italy May Be Forced to Leave the Euro Wednesday, 19 Dec 2012 | 1:20 AM ET

    Former prime minister Silvio Berlusconi said on Tuesday Italy would be forced to leave the euro zone unless the European Central Bank gets more powers to ensure lower borrowing costs.

  • World Bank Raises China Growth Forecast for 2013 Tuesday, 18 Dec 2012 | 10:18 PM ET
    World Bank building in Washington, DC.

    The World Bank raised its 2013 economic growth forecasts for China and developing East Asia on Wednesday, and said the region remained resilient despite the lackluster performance of the global economy.

  • Speaker of the House of Representatives, John Boehner, R-OH, speaks to the press December 18, 2012 on Capitol Hill in Washington, DC.

    President Obama and House Speaker John Boehner pressed ahead on trying to avert the "fiscal cliff" after the White House rejected a narrow GOP plan on taxes.

  • Why China May Be Facing US-Style Credit Crunch Tuesday, 18 Dec 2012 | 4:43 PM ET

    China, already struggling with a slowing economy, may now be facing the type of credit crunch that helped derail the U.S. economy four years ago.

  • Could a 'Fiscal Cliff' Deal Include Cap on the AMT? Tuesday, 18 Dec 2012 | 1:23 PM ET

    President Obama's latest "Fiscal Cliff" proposal calls for a permanent cap on the AMT, though it doesn't offer specifics on income levels and Republicans have yet to respond.

  • No 'Cliff' Deal by Week's End: GOP Sen. Corker Tuesday, 18 Dec 2012 | 10:33 AM ET
    Senator Bob Corker

    Republican Senator Bob Corker told CNBC on Tuesday that he does not think a deal to avoid the "fiscal cliff" will be reached by the end of this week.

  • Businessman struggles to climb mountain summit.

    A professor at the Tuck School of Business at Dartmouth calls Congress "dysfunctional" and says the "adults in the room" need to stand up and end the fiscal cliff uncertainty.

  • Lindsey: Obama Moves Goal Posts ‘Out of Ballpark’ Tuesday, 18 Dec 2012 | 8:33 AM ET

    President Obama's latest "fiscal cliff" offer does not move the goalposts closer in negotiations, former Bush economic adviser Lawrence Lindsey told CNBC.

  • Italy's Political Leaders Keep Everyone Guessing Tuesday, 18 Dec 2012 | 5:23 AM ET

    Political intrigue in Rome is keeping investors, economists and even politicians guessing over who will actually run in Italy's 2013 elections and why.

  • The Swiss National Bank is opening a branch in Singapore to allow for round-the-clock management of its foreign exchange reserves, which it needs to tap to defend the safe-haven franc from over-heating.

  • BOJ to Mull 2% Inflation Target as Abe Turns Up Heat Tuesday, 18 Dec 2012 | 1:58 AM ET
    Bank of Japan headquarters seen from an opposite building in Tokyo, Japan.

    The Bank of Japan will consider no later than January whether to adopt a 2 percent inflation target, in response to calls from next Prime Minister Shinzo Abe for stronger efforts to beat deflation.

  • President Barack Obama speaks during a memorial service for the victims and relatives of the Sandy Hook Elementary School shooting on December 16, 2012 in Newtown, Connecticut.

    Unburdened by re-election worries and empowered by law to act without Congress, U.S. President Barack Obama could take action to restrict guns.

  • Boehner's Plan Doesn't Go Far Enough: White House Monday, 17 Dec 2012 | 2:45 PM ET
    Speaker of the House John Boehner

    President Obama and House Speaker John Boehner met for 45 minutes Monday in hopes of reaching a deal to avoid the "fiscal cliff," but the White House suggested later that it was not budging from its plan.

  • Boehner Caves on Taxing the Rich: Will GOP Go Along? Monday, 17 Dec 2012 | 12:43 PM ET
    John Boehner

    The House Speaker says he is now willing to raise taxes on Americans making more than a $1 million a year. Conservatives have been staunchly opposed to raising taxes on anyone next year, regardless of income bracket.

  • Time for Tougher Gun Laws: Sen. Manchin, NRA Supporter Monday, 17 Dec 2012 | 12:26 PM ET
    Sen. Joe Manchin

    It may be time to reconsider an assault weapons ban after the massacre at Sandy Hook Elementary School in Connecticut, Sen. Joe Manchin, a West Virginia Democrat and member of the NRA, told CNBC.

  • Slower Growth, Stubborn Unemployment in 2013: Morici Monday, 17 Dec 2012 | 11:10 AM ET

    In 2013, the economy will be hard pressed to accomplish the 2 percent growth registered this year, and unemployment only will continue falling if more adults opt out of the labor market or settle for part-time work.

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